It’s been like that for a dozen years…LMAO. Mark has screwed things up at every turn.
They’re a no functional company.
What you are seeing is a last ditch attempt to allow the original convertible note holders get their money out.
If this goes current one of the first things Mark will have to do is reverse split the stock…and then the dilution will start anew until it is back to no bid…he goes dark…yet again…or the SEC suspends it….yet again.